Holidays Won’t Bring Much Cheer for Retailers

By

WSJ Staff

Nov 21, 2008 12:57 pm ET

The worst of the economic downturn is expected to be in the current quarter, with the nation’s output declining at an annualized 3% to 5% depending on the forecast. The low point coming squarely within the holiday season will mean a particularly brutal period for retailers, a new Conference Board survey shows. U.S. households expect […]

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